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SAS Sky and Space Company Ltd

0.028
0.00 (0.00%)
25 Jul 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Sky and Space Company Ltd ASX:SAS Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.028 0.032 0.028 0.00 01:00:00

Lufthansa CEO Says Not Talking To SAS Over BMI Stake

11/03/2009 11:28am

Dow Jones News


Sky and Space (ASX:SAS)
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German flag airline Deutsche Lufthansa AG (LHA.XE) hasn't held talks with SAS AB over its stake in U.K. carrier British Midland Airways, or bmi, Chief Executive Wolfgang Mayrhuber told journalists Wednesday.

Lufthansa owns a 30% minus one share stake in bmi but intends to raise the stake to 80% by acquiring 50% plus one share from bmi founder Sir Michael Bishop.

SAS owns the remaining 20% in bmi.

"As long as we don't hold a majority on bmi there's no need to seek talks (with SAS)," Mayrhuber said.

Company Web site: www.lufthansa-financials.com

-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503; jan.hromadko@dowjones.com

 
 

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